The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-09-24

ed, providing that before the colsoli-
dation was copsummated II should be |
ratified by the Legislative Council
and car companies. The contract was
submitted to the council, and, after
but little discussion, WAS ratified. l.
was then sent to the Il ectorB IL the |
street car companies, where 1t s'lently
remsined until juno 7sn, whign We,
made known 10 the council tits msFt.
ing on June 9th, IL Communication
signed by r. Dudley T ayser, as ecreta'
~ Of the Citizsus' Street. Rsiiroad
Company, and Jsmt Frost, az
secretary Of the Memphis City
Railroad Company, waich, in eab
statues, stated that the di'ecio's oil
their respective roads had submitted
the contracts to the st0ckh. ldAre Of
the roads, and that they had d,c,iE,d
10 accept II. THE, OF course, termi-
mated all further consideration OF the
contract, and IL fell to the ground.
While there hes been no public an.
nouncement OF the consolidation Of
the tive companies, II Is On open &c.
cret, and, as q business arrangement
is q practical reIult. Officers OF either
company have gone 90 far rs 10 deny
any consolidation, but, according TO
M. Frsyser's interview yesterday,
whether the companies succeed in
keeping the people In the dark until
that time or not. they will assert that
they are consolidated at the expira.
ton Of the old compsny's charter, six
years hence, and thereby seek to
merge their existence into that of the
Citizens company, whose charters
will not expire for twenty thu ee
years.
After the stockholders had declined
to ratify the contrsct President Had.
den, taking it for granted that they
were the ruling spirits and directed
the sfiairs in their cofporst ons, caused
written notices to bs served on them
10 have certain repairs done on the
various streets. A reply Yves received
and road at q meeting OF C uncl held
on June 9th, from President Frsyssr,
Ia which he ssid to Mr.. Haddep, that
he should have known that stock.
holdera and bondholdsrs had nothing
to do with the affairs Of the company,
but that the officers were the proper
persors to be notified OF any legal
duty expected OF corporation.
Now, then, who was the city to look
TO on the part OF the street car
companies to keep the ptreets In order
over which they ran? The stockhold.
ers bad rejected the contract-which
had been deliberately signed by the
"legsl officers" (the pros!dente) Of
their corporations-which provided
for this essential work to be done, but
the tupposition on the part OF the
| p reside t..of the Taxing District that
they were the parties to have 1t done
was altogether wrong, and was senten'
titiously informed 90 by Col. r. Dudley
Frayser, president Of the M. O. s. o
X. r. 90. and President Of the P. s. o
X. r. 90. 81, who was 10 do tn,
work. Nobody; 1t has not been done
and, farther than that, Ii Is not likely
to be done.
Again, President Hidden indited q
polite official epistle, 10 which he 70
cited resolution passed by The coun
cl instructing him, 10 president Of tn,
district, 10 inquire whether the two
railroad companies had consolidated
What must have been the feelings o
the great and god prott ctor OF III,
city when no read tha reply of COL. r
Dudley Frsyssr. president Memphi
City Street R'ilroad Compeny. anl
president Peoples Stress Gar RailrosS
Company, In which be stated that b,
would not answer any such question:
u.til 10 tcou cl cited to hun thei
authority To nuke any trch inquiry
THIS was th. last a the o. riee
Since that time President ii laden ha
passed through q terrible ordeal O
sickness. from which he has not ye
recovered, aud IL may be months be
, fore he will sgain be well enough 4
rseums his duties snd take mp ane,
his eArneet and manly defence OF th
people against the dssperats neasure
Of these monopolisis who have o
sudaciously encrosched upon them
! On the OFT or hsnd, Mr. Frsyser, duI
, log the time, has luxuriated In tn
health inspiring bretsas Of tbs Goidsl
Cjss', and returned all vigorous an,
determined 10 redouble bis grip upol
the city's Highways. The suit q
, chancery for forfeiture Of the old CO n
paws charter, referred 10 Yesterday
will DO heard early In October.